2497 Fifth Line, Mississauga, ON
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Sheridan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,375,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 85 x 170 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare bungaloft nestled on a gorgeous 85 by 170 foot treed lot with professionally landscaped gardens, interlocking front patio and long driveway that fits up to 7 cars. Spacious living room with crown moulding, gas fireplace, and large windows providing lots of natural light. Formal dining room with crown moulding and walk-out to a large terrace. Cozy kitchen with breakfast bar, gas stove, built-in pantry, breakfast area with hardwood floors and crown moulding. Main floor features 4 piece bathroom with marble counter top and 2nd/3rd bedrooms with his/her closets. Upper level addition with a Primary bedroom retreat with mirrored closet, 4 piece en-suite, and walk-out to an open concept lounge area. Finished basement with 4th bedroom with large closet, 3 piece bathroom, cold cellar, laundry area, recreation area with wood stove and walk-out to yard. Premium location close to schools, daycare, parks, trails, transit, highways, shopping, restaurants, University of Toronto (UTM), Clarkson Go Station, Mississauga Golf and Country Club.
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Property Summary
This detached home located at 2497 Fifth Line, Mississauga is currently for sale and has been available on SousaSells for 223 days. This property is listed at $1,375,000 with an estimated mortgage of $4,577* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 2497 Fifth Line, Mississauga is in the Sheridan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2497 Fifth Line W, Mississauga, ON L5K 1V9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $1,375,000 in Mississauga, the legal minimum down payment is $275,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,975 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $23,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.